St. Peter's Healthcare System seeks strategic partnership
St. Peter's Healthcare System, the last independent hospital in Middlesex County, N.J., announced it's looking for a strategic partnership or affiliation while retaining its Catholic mission. Any suitors must be approved by the Catholic Church.
Jefferson Health, Einstein Healthcare reach definitive agreement to merge
Their union builds off an existing academic affiliation spanning two decades to create an 18-hospital system with about $5.9 billion in revenue.
Q&A with Banner Health's Steve Narang on disrupting academic medicine
With a focus on research and training, academic medical centers have long prided themselves on being a destination for complex care. But they aren't always organized around the patient. Banner Health's Dr. Steve Narang thinks there is a better way.
Patient-Centered Outcomes Research Institute awards $85M for studies
The board of the Patient-Centered Outcomes Research Institute agreed to award $85 million for 16 new studies on treatment options for conditions like opioid abuse and cancer.
UPMC sees dip in profit, despite better admissions
The University of Pittsburgh Medical Center saw a 69% dip in profit during the first six months of 2018 compared with the same period in 2017, despite increased admissions and patient days.
NYU School of Medicine will provide free tuition to students
NYU School of Medicine will provide free tuition to all current and future students to alleviate the burden of crippling debt on physicians. It's the first major medical school in the U.S. to provide free education to all students.
Value-based purchasing programs tougher for academic hospitals
A Navigant study found 24% of academic medical centers received penalties for their performance on three of the CMS' value-based payment programs in fiscal 2018 while 13.7% of community hospitals received penalties.
Partners, Care New England and Brown explore partnership
Partners HealthCare, Care New England Health System and the Ivy League school signed an agreement Tuesday that establishes Brown's Warren Alpert Medical School as the primary academic research and teaching institution for CNE.
Q&A with CEO Barry Ostrowsky on RWJBarnabas' $1 billion academic center investment, population health
Almost one year to the day after they signed a letter of intent to forge a partnership, RWJBarnabas Health and Rutgers University launched a new academic and research health system.
Rush University to outsource facility management, illustrating a trend
Chicago-based Rush University Medical Center expects to cut $40 million in costs by outsourcing facilities management to real estate firm JLL, a move more providers are making to focus on patient care.
Rutgers and RWJBarnabas Health finalize partnership
Rutgers University and RWJBarnabas Health officially launched a public-private partnership they say will create New Jersey's largest academic health system.
Northwestern, Centegra to tie the knot after lengthy courtship
The not-for-profit Chicago-area health systems, which announced their courtship more than two years ago and have delayed their trip down the aisle more than once, have asked Illinois regulators for permission to merge.
